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Indian Economy On The Eve Of Independence

Question

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What were the main weapons of colonial exploitation of the Britishers in India?

Solution

Following are the main weapons of colonial exploitation:

1. Enforcing farmers to cultivate cash crops instead of food grains.

2. Torturing farmers to sell cash crops to English merchant for exports to Britain.

3. Systematic elimination of Indian industries.

4. Free trade policy in which import duty was not paid on imports from England.

5. Encouragement and subsidy for exporting raw materials to Britain and manufactured goods from them.

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